Shiv Sena MLA Pratap Sarnaik calls for an end to the 'colonial regime' in Mira-Bhayandar, where a private British-era firm still holds sway over vast tracts of land, demanding exorbitant NOCs for construction projects and deemed conveyance.
MaharashtraShiv SenaMira BhayandarLand Revenue RecordColonial EraNocDeemed ConveyanceReal Estate MaharashtraJul 02, 2024
The issue being raised is the mandatory requirement of a No Objection Certificate (NOC) from a private British-era firm, Estate Investment Company, for construction projects and deemed conveyance in Mira-Bhayandar.
The company controls over 9,000 acres of land in Bhayandar, Mire, and Ghodbunder revenue villages.
The NOC is necessary for getting construction approvals from the Mira Bhayandar Municipal Corporation (MBMC) and to secure deemed conveyance from the local sub-registrar office.
Hundreds of housing societies in the twin-city lack deemed conveyance and are still registered under the names of developers or landlords.
The call-to-attention motion seeks to end the colonial regime in Mira-Bhayandar, where a private British-era firm still holds sway over vast tracts of land, and demands exorbitant NOCs for construction projects and deemed conveyance.
Prestige Estates Projects, a leading real estate developer, has approved a plan to raise up to ₹5,000 crore through Qualified Institutions Placement (QIP) and monetize its hospitality segment assets.
Infosys' net-zero energy campus in Maharashtra sets a new benchmark for sustainability and innovation in real estate development.
The government may address concerns over the Budget proposal to revise taxation of long-term capital gains (LTCG) from real estate transactions by offering reliefs.
Arka Hreem Real Estate Opportunities Fund targets residential real estate in tier I cities
Prime Minister Narendra Modi is set to launch a series of significant development projects in Maharashtra, focusing on infrastructure, healthcare, and education, via video conferencing.
Antique, a leading financial brokerage, believes that the defence, power, and renewable energy sectors will perform exceptionally well in 2025. With a March 2026 Nifty 50 target of 26,500, Antique has identified key players and trends that are expected to